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Originally Posted by Scav
My guess is that they are going to include Neteller in this law if it passes, I think they only deal with online gaming companies, anyone know what will happen and how we would have to deposit into Pinnacle? or any off shore for that matter?
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How are they going to include Neteller? I haven't seen the legislation, but I thought it was aimed at credit card processors. Neteller is certainly not going to cooperate, so how will they put pressure on Neteller? Neteller is based in Great Britain and is listed on the London Stock Exchange. They claim to have 2,500,000 customers and 3400 "merchants".
http://en.wikipedia.org/wiki/Neteller
http://about.neteller.com/aboutneteller/
I suppose they could somehow force banks to report funds wired to Neteller. Still, I doubt Neteller will be included.
Meanwhile, our illustrious Congress seems to be oblivious to the fact that the US is already in trouble with the WTO because of losing the case brought by Antigua/Barbados over restricting online betting sites in those countries.
--Dunbar